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Kevin TraversNov 11 10:49 ET

Guosen Securities: Maintains xpeng-W 'outperform the market' rating. On the first day of the new model P7+ launch, orders exceeded 30,000 vehicles.

Guosen Securities released a research report stating that it maintains a "outperform the market" rating for xpeng-W (09868), considering the new models represented by MonaM03 and P7+ in the second half of the year, the implementation of the company's pure visual solution, penetrating high-end intelligent driving models into the market below 0.2 million, accelerating the realization of high-end intelligent driving parity, and adding the launch of more new models in the future. The company's operation cycle continues to rise, raising the company's revenue forecast and profit forecast. It is expected that the revenue for 2024-2026 will be 46.9/88.5/118.1 billion yuan, with net income of -6/-1.6/2.7 billion yuan. The report states, 11

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TSLA Up, China Down, Friday Market Quiet After Loud, Decisive Week | Live Stock

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